CCU 0.00% 5.8¢ cobar consolidated resources limited

I was just using the method that Ord Minnett used to analyse...

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    I was just using the method that Ord Minnett used to analyse when CCU could be cash flow positive. Notice that in their analysis to when CCU could be cash-flow positive, in the same table they kept the cash burn at $4.0m constant through a few months while the having the production rates going up.

    It's just treated as the average cash burn over a period of a few months for forecasting purposes.

    Anyway, won't be long till we see the cash burn for 2013-Q4 and 2014-Q1. And I agree by then we will have a more accurate idea of where is the break-even point and when CCU would be cash flow positive.
 
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